Bean Factory: Nonprofit Profile, Financials & Form 990 (EIN 87-1553055)

Revenue by fiscal year
FY2022	$142K
FY2023	$70K
FY2024	$70K
FY2025	$70K

Expenses by fiscal year
FY2022	$97K
FY2023	$236K
FY2024	$265K
FY2025	$259K

Net assets by fiscal year
FY2022	$45K
FY2023	−$120K
FY2024	−$316K
FY2025	−$504K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $259K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII

Tamra Ryan

CEO (thru 06/25)

$0Pt VII · Sec A

Shelby Mattingly

CEO (start 06/25)

$0Pt VII · Sec A

Leslie Karnauskas

Chair

$0Pt VII · Sec A

Steve Driscoll

Secretary

$0Pt VII · Sec A

Amy Graden

Director

$0Pt VII · Sec A

See Bean Factory executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps women discover talents and develop skills through job readiness and training.

Questions for Bean Factory

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1 program · $259K · in their own filed words · FY2024

01

Established to serve women's bean project and their mission. New market tax credit holding entity.

$259Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2021

Womens Bean ProjectFY2021$130K

Total grants receivedfrom 1 funder$130K

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$70K

Ln 12

Other incomeLn 4–11$70K

Investment incomeLn 3$115

Money outPt IX

$259K

Ln 25

Programscol B$259K

Owns and owesPt X

−$504K

net assets · Ln 32

Cash and savingsLn 1–2$199K

Total assetsLn 16$6.0M

LiabilitiesLn 26$6.5M

PeoplePt VI, VII

5

listed · VII A

PaidVII A0

Voting boardVI 1a5

IndependentVI 1b3

2In more detail

Revenue in detailPt VIII

Investment incomeLn 3$115

Other incomeLn 4–11$70K

Total revenueLn 12$70K

Assets in detailPt X, end of year

CashLn 1$179K

SavingsLn 2$20K

Cash and savings togetherLn 1–2$199K

Land, buildings, equipmentLn 10c$5.8M

Total assetsLn 16$6.0M

LiabilitiesLn 26$6.5M

Net assetsLn 32−$504K

OperationsPt I, VI

EmployeesI 50

VolunteersI 62

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$249K	$199K
Land, buildings, equipmentLn 10c	$5.9M	$5.8M
Total assetsLn 16	$6.1M	$6.0M
LiabilitiesLn 26	$6.5M	$6.5M
Net assetsLn 32	−$316K	−$504K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Legal feesLn 11b	$50K	$50K
Accounting feesLn 11c	$23K	$23K
Office expensesLn 13	$3	$3
InterestLn 20	$47K	$47K
Depreciation, depletion and amortizationLn 22	$139K	$139K
Total functional expensesLn 25	$259K	$259K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest ViewingFiled with the IRS Dec 17, 2025	$70K	$259K	−$189K	−$504K	990 PDF
FY2024Filed with the IRS Dec 19, 2024	$70K	$265K	−$195K	−$316K	990 PDF
FY2023Filed with the IRS Dec 11, 2023	$70K	$236K	−$165K	−$120K	990 PDF
FY2022Filed with the IRS Jan 30, 2023	$142K	$97K	$45K	$45K	990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations

See the full FY2025 990

Part I · Summary $70,084 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $165$115

I-11 Other revenuePrior year $69,969$69,969

I-12 Total revenuePrior year $70,134$70,084

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $265,240$258,609

I-18 Total expensesPrior year $265,240$258,609

I-19 Revenue less expensesPrior year −$195,106−$188,525

Part VI · Governance 3 of 5 board members independent, 1 to look at

VI-1a Voting members of the governing body5

VI-1b Independent voting members3

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $70,084 across 3 lines filed

VIII-3 Investment incomeExcluded from tax $115$115

VIII-6 Net rental income or lossRelated to mission $69,969$69,969

VIII-12 Total revenueRelated to mission $69,969 · Unrelated business $0 · Excluded from tax $115$70,084

Part IX · Statement of functional expenses $258,609 across 5 lines filed

IX-11b Legal feesPrograms $50,000$50,000

IX-11c Accounting feesPrograms $23,410$23,410

IX-13 Office expensesPrograms $3$3

IX-20 InterestPrograms $46,559$46,559

IX-22 Depreciation, depletion and amortizationPrograms $138,637$138,637

IX-25 Total functional expensesPrograms $258,609 · Management $0 · Fundraising $0$258,609

Part X · Balance sheet $5,971,634 assets, 9 lines filed

X-1 Cash, non-interest-bearingStart of year $228,843$178,843

X-2 Savings and temporary cash investmentsStart of year $19,839$19,951

X-10c Land, buildings and equipment, netStart of year $5,900,383$5,772,840

X-16 Total assetsStart of year $6,149,065$5,971,634

X-23 Secured mortgages and notes payableStart of year $6,464,583$6,475,677

X-26 Total liabilitiesStart of year $6,464,583$6,475,677

X-27 Net assets without donor restrictionsStart of year −$315,518−$504,043

X-32 Total net assets or fund balancesStart of year −$315,518−$504,043

X-33 Total liabilities and net assetsStart of year $6,149,065$5,971,634

Part XI · Reconciliation of net assets −$504,043 net assets at year end

XI-1 Total revenue$70,084

XI-2 Total expenses$258,609

XI-3 Revenue less expenses−$188,525

XI-4 Net assets at start of year−$315,518

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year−$504,043

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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Bean Factory

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Bean Factory

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV